Thursday, March 28, 2013

3/28/13 Thurs. pm Dow Closes at 14,578.54 up 52.88 or 0.36%

http://www.dowjonesmonitor.com/

Post No. 2,116  The following is brought to you by Intellivest Securities Research, Inc. Toward the end of this Blog is a list of the Dow 30 current CEOs, and a ranking of the Dow 30 components by market capitalization and recent Dow 30 components' SEC filings.

The Dow Jones Industrial Average closed Thursday at 14,578.54 up 52.38 or 0.36% from Wednesday's close of 14,559.65.   Of the Dow components 24   gained, Procter & Gamble was unchanged  and 5 declined. The biggest gainer dollar-wise and percentage-wise was IBM up $2.41 or 1.14%. The biggest decliner dollar-wise and percentage-wise was Chevron down $1.37 or 1.14%.


As of the open of the market on Thursday the current divisor for the Dow Jones Industrial Average found at page C6 of Thursday's Wall St. Journal is 0.130216081. Thursday's opening trailing P/E ratio is 15.94 down from yesterday's P/E ratio of 16.38 (year ago it was 14.69); today's opening P/E estimate is 12.90 unchanged from Wednesday' s opening P/E estimate of 12.90 (year ago it was 12.65) and today's opening dividend yield is 2.45 unchanged from yesterday's opening dividend yield of 2.45 (last year it was 2.49). The Dow's all-time high was 14,578.54 on March 28, 2013. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Thursday's Dow Jones Industrial Average closing numerator was 1,898.36 up 6.84    from Wednesday's closing numerator of 1,891.54. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator change for today by the divisor (0.130216081) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $7.68 change in the Dow Index.

The average closing price (the closing numerator divided by 30) of Thursday's Dow Jones Industrial Average was $63.28 up 23   cents from Wednesday's average of $63.05. The median closing price of Thursday's Dow Jones Industrial Average was $57    (DIS/UNH) up 45 cents from Wednesday's median closing price of $56.55. The lowest volume was Travelers and the highest volume again was Bank of America.

If Thursday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs or dividends) and sold at the close you would have made $684   ($189,835 - $189,154).

3/28/13 Thursday 4:27  pm MarketWatch by Kate Gibson says U.S. stocks rose on Thursday, with the S&P 500 and the Dow industrials finishing at record highs, as investors looked to get into equities as the first quarter came to a close. The S&P 500 recorded a quarterly advance of 10%, its best performance in a year, with the bull market in March beginning a fifth year, supported by easy monetary policy by the Federal Reserve and other central banks. “Share prices are validating what has already come through in the form of corporate profits — they are at all-time highs,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott. “It’s all the rage to talk about how it’s Fed-induced, and clearly the Fed has played a role in [the stock market’s] recovery, but we’re at 14 times forward earnings now, and that is not all that unreasonable,” said Luschini, referring to the Federal Reserve’s monetary policy. In mid-morning trade, the S&P 500SPX +0.41% surpassed its record close, set in October 2007, but its intraday high of 1,576.09, set on Oct. 11, 2007, remained elusive. Blackberry beat expectations for the fourth quarter and reported one million of its new Z10 smartphones were shipped during the period. “A close over 1,565 today on the S&P 500 will surely get the media excited. It will probably get more people to move their S&P targets higher and the talk will be 1,600 is a ‘piece of cake.’ Since when was predicting the market over the short term like a walk in the park?” said Elliot Spar, market strategist at Stifel Nicolaus & Co. After climbing to a high of 1,570.28, the S&P 500 added 6.34 points, or 0.4%, at 1,569.19. “As investors really look at their holdings and evaluate the 10% gains for this quarter, that is a nice return,” said Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. So-called ‘window dressing,’ where fund managers want their end-of-quarter balance sheets to reflect participation in gaining stocks, is a likely factor in Thursday’s session, according to Silverblatt. Investors offered little reaction to largely disappointing economic reports, which had fourth-quarter economic growth revised up to 0.4% from a previous estimate of 0.1%, weekly jobless claims up by 16,000 and a gauge of business activity in the Chicago region worse than expected.
“Consumer confidence in March recently weakened, jobless claims appear to be turning up and now the Chicago PMI was weaker than expected. This trend absolutely bears watching,” noted Dan Greenhaus, chief global strategist at BTIG LLC. The Dow Jones Industrial Average DJIA +0.36% rose 52.38 points, or 0.4%, to 14,578.54. The blue-chip index, which first took out its 2007 record high on March 5, rose 11.3% gain in the first quarter. The Nasdaq compmposite COMP +0.34% added 11 points, or 0.3%, to 3,267.52, leaving it up 8.2% for the quarter. For every two stocks falling, roughly three rose on the New York Stock Exchange, where 687 million shares exchanged hands. Composite volume cleared 3.2 billion.

Thursday's Closing Dow Numbers:

SymbolLast SaleChange% ChangeShare VolumeMarket

AT&T TNYSE

Alcoa AANYSE

American Express AXPNYSE

Bank of America ACNYSE

Boeing BANYSE

Caterpillar CATNYSE

Chevron CVXNYSE

Cisco CSCONASDAQ-GS

Coke KONYSE

Disney DISNYSE

DuPont DDNYSE

Exxon XOMNYSE

GE GENYSE

Hewlett-Packard HPQNYSE

Home Depot HDNYSE

Intel INTCNASDAQ-GS

IBMNYSE

JJPMorgan PMNYSE

JJohnson & Johnson NJNYSE

McDonald's MCDNYSE

Merck MRKNYSE

Microsoft MSFTNASDAQ-GS

Pfizer PFENYSE

Procter & Gamble PGNYSE

3M MMMNYSE

Travelers TRVNYSE

UnitedHealth UNHNYSE

United Technologies UTXNYSE

Verizon VZDualListed

Walmart WMTNYSE

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The following are excerpts from Thurs. morning's Blog:

A read of the print editions of Thursday's Wall St. Journal, Financial Times, Investor's Business Daily, New York Times, USA Today, Atlanta Journal Constitution & Daily Report (Ga. - carries Bloomberg) yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by a separate table of Dow component's symbol and Wednesday's stock prices and related data in alphabetical order.

Dow Jones Industrial Average: The Dow Jones Industrial Average closed Wednesday at 14,526.16 down 3.49 or 0.23% Tuesday's close of 14,559.65. For the year the Dow is up 10.85%. Of the Dow components 10 gained and 20 declined. The biggest gainer dollar-wise and percentage-wise was UnitedHealth up 97 cents or 1.74%. The biggest decliner dollar-wise was IBM down $1.47 and percentage-wise was JPMorgan down 1.79%.

WSJ pC4 "S&P peak in sight after a reversal" by Jonathan Cheng says US stocks edged lower Wed as a renewal of economic & political concerns in Italy kept the marekts off their all time high. Telecom and fin'l shares led the declines. JPMorgan fell 87 cents.

IBD pB2 "Nasdaq reverses higher, but volume still ultradry" by David Saito-Chung says amjor indexes shaved early losses the Nasdaq stated a positive reversal Wed as the market headed into the final trading session of the quarter. Wed's action was a mixed finish in mixed trade. the current outjlook is still a confirmed uptrend.

FT p24 "Defensive mood hits fin'ls as S&P record proves elusive" by Stephne Foley says due to Cyprus and Italy concerns the market failed to hit a new S&P high. JPMorgan fell 1.8% and Bank of America fell 0.4%.

NYT pB10 "Europe's debt problems stir Wall St worry" & AJC pA15 "Europe woes weigh on Dow" by AP says renewed worries about Cyrpus weighed on the Dow as well as concerns about Italy where parties are trying to form a new gov.


Wednesday's Dow Jones Industrial Average closing numerator was 1,891.54 down 4.36 from Tuesday's closing numerator of 1,895.90. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator change for today by the divisor (0.130216081) you get the change in today's Dow. A dollar increase or decrease in a Dow stock results in a $7.68 change in the Dow Index.

The average closing price (the closing numerator divided by 30) of Wednesday's Dow Jones Industrial Average was $63.05 down cents from Tuesday's average of $63.20. The median closing price of Wednesday's Dow Jones Industrial Average was $56.55 (DIS/UNH) up 43 cents from Tuesday's median closing price of $56.12. The lowest volume was 3M and the highest volume again was Bank of America.

If Wednesday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs or dividends) and sold at the close you would have made $436 ($189,590 - $189,154).

3/27/13 Wednesday 4:32 pm MarketWatch by Kate Gibson says U.S. stocks finished with limited losses on Wednesday, with the S&P 500 index stalled just points from its record close, as worries over Europe’s debt troubles abated.“The situation in Cyprus was relatively unique; I don’t think they’ll try to replicate that again,” Robert Pavlik, chief market strategist at Banyan Partners, said of a controversial tax on bank deposits that’s part of Cyprus’s bailout agreement with international lenders.“Europe has its problems, but most of it has been factored” into the U.S. stock market, he added.A day after closing at a record high, the Dow Jones Industrial Average DJIA-0.23% fell 33.49 points, or 0.2%, to 14,526.16.Twenty of the Dow’s 30 components ended in the red, led by J.P. Morgan Chase & Co. JPM-1.79%, off 1.8%.
Another Dow component, Wal-Mart Stores Inc. WMT+0.01%, finished marginally higher, a day after the discount retailer said in a securities filing it would likely take a loss from foreign bribery probes being done internally as well as by government agencies.The S&P 500 index SPX-0.06% shed 0.92 point, or less than 0.1%, to end at 1,562.85, leaving if 2.3 points from its all-time closing high.Leading decliners, Cliff Natural Resources Inc. CLF-13.86% dropped almost 14% after its shares were downgraded by Morgan Stanley.The S&P 500 on Tuesday finished less than 2 points from its all-time close, set in October 2007.“It would be nice to break it, and we will break it, but it doesn’t mean anything really,” other than the level represents a resistance level, said Pavlik of the S&P 500’s record level.Bucking the negative trend, the Nasdaq Composite COMP+0.12% rose 4.04 points, or 0.1%, to 3,256.52.“Any dip triggered by European issues is met with buyers in the U.S.,” said Elliot Spar, market strategist at Stifel, Nicolaus & Co.Powered by easy monetary policy from the Federal Reserve and other global central banks, the U.S. equities market is into the fifth year of its current bull run, with benchmark indexes up between nearly 8% and 11% for the year, leading many strategist to say a move down is in order.“People are still trying to determine if this market is going to experience a pullback. I’m leaning to the belief we’ll probably see some kind of pullback, or correction develop in the next week or so,” said Pavlik.For every seven stocks rising eight fell on the New York Stock Exchange, where 596 million shares traded. Composite volume approached 2.9 billion.Stocks fell to their lows of the day shortly after the open, then recovered the bulk of their losses, with little impact from a housing report from a trade group. The National Association of Realtors said its index of pending-home sales declined 0.4% in February to 104.8 following a revised 3.8% hike the previous month.
European stocks tumbled and the euro EURUSD-0.6504% fell to a four-month low as the euro zone’s outlook faltered on two fronts.In Cyprus, the government is restricting money transfers as it readies for Thursday’s planned reopening of its banks, which have been closed for nearly two weeks as the island nation struggled to reach a deal to avert a meltdown of its financial system.“The official response to the Cyprus crisis has undermined confidence,” noted Marc Chandler, global head of currency strategy at Brown Brothers Harriman.Other developments in Europe had Italian politician Pier Luigi Bersani, the head of a center-left alliance, ruling out the formation of a coalition government. He reportedly said that only an “insane person” would want to govern Italy and that the country is a “mess.” Italy has struggled to put together a government since inconclusive elections in late February. Bersani’s remarks raise the prospects of another election in the near term.Strategists said trading conditions could be thin ahead of a three-day Easter weekend. U.S. markets will be closed Friday for Good Friday. Some of the Federal Reserve’s leading policy doves — Boston Fed President Eric Rosengren, Cleveland Fed President Sandra Pianalto, Minneapolis Fed President Narayana Kocherlakota and Chicago Fed President Charles Evans — spoke on Wednesday.In his prepared remarks, Kocherlakota reiterated his proposal for the central bank to pledge to keep rates low so long as the unemployment rates remains above 5.5%, rather than the 6.5% target currently in use.In a speech to business leaders in Manchester, N.H., Rosengren said the Fed’s $85-billion-a-month asset purchase program is having the desired impact of speeding up the pace the recovery and should be continued through the end of the year.Echoing the theme, Evans also called the Fed’s bond-buying program a success, telling reporters at a news conference that he doesn't want the Fed scaling back the purchases soon.Pianalto, however, said economic conditions could emerge “before long” that would let the Fed slow the pace of its asset purchases.Rosengren and Evans are voting members of the rate-setting Federal Open Market Committee in 2013. Evans has emerged as an important Fed figure after successfully pushing the central bank to adopt economic thresholds for the first rate hike in order to ensure that investors don’t fear a quick tightening of monetary policy once the economy improves.

Thursday's Dow News and Wednesday's Closing Dow Numbers:

AT&T AT&T T NYSE: WSJ pB5 "Is Verizon a white knight for the BlackBerry Z10?" by Will Connors says AT&T did not do much advertising for the new Z10. Research in Motion is hoping Verizon will do better when the phone goes on sale today at Verizon Wireless stores.

IBD pA4 "Cloud competition lfited by the big boys" by Reinhardt Krause says IBM, Google, Microsoft, Hewlett-Packard are among the firms getting more aggressive in expanding in the cloud computing market. IBM, EMC and AT&T are interest in cloud acquisition and AT&T may buy Rackspace Hosting.

FT p12 "T-Mobile/ D Telekom" says it has been a rough ride for T-Mobile, the number 4 US wireless carrier since AT&T's bid for it for $39 bil was not approved by regulators.

USAT p1B "Back in the high pay life again" by Matt Krantz, Barbara Hansen says Disney's CEO Robert Iger made $37.1 mil last year, American Express CEO Kenneth Chenault made $28 mil, & United Technologies CEO Louis Chenevert made $21.8 mil.. Other Dow CEOs in the top 25 for '12 CEO compensation include Coke, Boeing, AT&T, GE & Pfizer.

Alcoa AANYSE: No mentions found.

American Express AXPNYSE: USAT p1B "Back in the high pay life again" by Matt Krantz, Barbara Hansen says Disney's CEO Robert Iger made $37.1 mil last year, American Express CEO Kenneth Chenault made $28 mil, & United Technologies CEO Louis Chenevert made $21.8 mil.. Other Dow CEOs in the top 25 for '12 CEO compensation include Coke, Boeing, AT&T, GE & Pfizer.

Bank of America BACNYSE: FT p24 "Defensive mood hits fin'ls as S&P record proves elusive" by Stephne Foley says due to Cyprus and Italy concerns the market failed to hit a new S&P high. JPMorgan fell 1.8% and Bank of America fell 0.4%.

Boeing BANYSE: IBD pA2 "First 787 flights may be short" says Boeing fell nearly 2% on a Reuters reports that officials may liit its new 787 on shorter flights than for what it was designed.

NYT pB12 "New problem for Boeing 787 battery maker" by Hiroko Tabuchi says Mitsubishi Motors said that a battery for its electric car caught fire at an assembly plant recently and another battery in a car overheated.

USAT p1B "Back in the high pay life again" by Matt Krantz, Barbara Hansen says Disney's CEO Robert Iger made $37.1 mil last year, American Express CEO Kenneth Chenault made $28 mil, & United Technologies CEO Louis Chenevert made $21.8 mil.. Other Dow CEOs in the top 25 for '12 CEO compensation include Coke, Boeing, AT&T, GE & Pfizer.

Caterpillar CATNYSE: No mentions found.

Chevron CVXNYSE: WSJ pB2 "Chevron cuts exec pay" by daniel gilbert, Joann S. Lublin says Chevrons board is cutting cop for its CEO and other top execs following a string of accidents since late '11. CEO John S. Watson's '11 comp was $24.7 mil. Chevron's shaers were up 12% this year, outperforming Exxon's and Chevron's market cap is $233 bil.

Cisco CSCONASDAQ-GS: No mentions found.

Coke KONYSE: USAT p1B "Back in the high pay life again" by Matt Krantz, Barbara Hansen says Disney's CEO Robert Iger made $37.1 mil last year, American Express CEO Kenneth Chenault made $28 mil, & United Technologies CEO Louis Chenevert made $21.8 mil.. Other Dow CEOs in the top 25 for '12 CEO compensation include Coke, Boeing, AT&T, GE & Pfizer.

Disney DISNYSE: USAT p1B "Back in the high pay life again" by Matt Krantz, Barbara Hansen says Disney's CEO Robert Iger made $37.1 mil last year, American Express CEO Kenneth Chenault made $28 mil, & United Technologies CEO Louis Chenevert made $21.8 mil.. Other Dow CEOs in the top 25 for '12 CEO compensation include Coke, Boeing, AT&T, GE & Pfizer.

DuPont DDNYSE: No mentions found.

Exxon XOMNYSE: WSJ pB2 "Chevron cuts exec pay" by daniel gilbert, Joann S. Lublin says Chevrons board is cutting cop for its CEO and other top execs following a string of accidents since late '11. CEO John S. Watson's '11 comp was $24.7 mil. Chevron's shaers were up 12% this year, outperforming Exxon's and Chevron's market cap is $233 bil.

GE GENYSE: USAT p1B "Back in the high pay life again" by Matt Krantz, Barbara Hansen says Disney's CEO Robert Iger made $37.1 mil last year, American Express CEO Kenneth Chenault made $28 mil, & United Technologies CEO Louis Chenevert made $21.8 mil.. Other Dow CEOs in the top 25 for '12 CEO compensation include Coke, Boeing, AT&T, GE & Pfizer.

Hewlett-Packard HPQNYSE: IBD pA4 "Cloud competition lfited by the big boys" by Reinhardt Krause says IBM, Google, Microsoft, Hewlett-Packard are among the firms getting more aggressive in expanding in the cloud computing market. IBM, EMC and AT&T are interest in cloud acquisition and AT&T may buy Rackspace Hosting.

Home Depot HDNYSE: No mentions found.

Intel INTCNASDAQ-GS: No mentions found.

IBMNYSE: IBD pA4 "Cloud competition lfited by the big boys" by Reinhardt Krause says IBM, Google, Microsoft, Hewlett-Packard are among the firms getting more aggressive in expanding in the cloud computing market. IBM, EMC and AT&T are interest in cloud acquisition and AT&T may buy Rackspace Hosting.

JPMorgan JPMNYSE: WSJ pC4 "S&P peak in sight after a reversal" by Jonathan Cheng says US stocks edged lower Wed as a renewal of economic & political concerns in Italy kept the marekts off their all time high. Telecom and fin'l shares led the declines. JPMorgan fell 87 cents.

FT p24 "Defensive mood hits fin'ls as S&P record proves elusive" by Stephne Foley says due to Cyprus and Italy concerns the market failed to hit a new S&P high. JPMorgan fell 1.8% and Bank of America fell 0.4%.

FT p15 "JPMorgan likely to overtake Goldman at top of the league" by David Gelles, Tom Braithwaite says UPMOrgan may be at the top of the league table for quarterly M&A volume for the first time in 2 years.

Johnson & Johnson JNJNYSE: No mentions found.

McDonald's MCDNYSE: WSJ pB1 "Chians cut their health law tabs" by Scott Thurm says McDonald's calim that complying with the new health laws for insurance will cost $10,000 to $30,000 per restaurant. Walmart says it will make few changes due to the law saying that can absorb it.

IBD pB6 "McDonald's dividend yield, chart bullish" by Victor Reklaitis says McDonald's is a good example of a dividend payer showing bullish action as it provides an annualized yield of about 3% and has made a breakout from a base.

Merck MRKNYSE: AJC pA14 "FDA reviewing drug for grass pollen allergy" says the FDA is reviewing Merck's new immunotherapy for grass pollen allergy - a table that dissolves under the tongue.

Daily Report p7 "Merck in house counsel's letter isn't defamatory" by Saranac hale Spencer says an in house lawyer's letter stating the lawyer's opinion was not defamatory.

NASDAQ-GS: WSJ pC1 "GameStop will need a powerup to win" by Spencer jakab says Microsoft which launched its Xbox 360 in '05 may release the next version late this year.

IBD pA4 "Cloud competition lfited by the big boys" by Reinhardt Krause says IBM, Google, Microsoft, Hewlett-Packard are among the firms getting more aggressive in expanding in the cloud computing market. IBM, EMC and AT&T are interest in cloud acquisition and AT&T may buy Rackspace Hosting.

Pfizer PFENYSE: USAT p1B "Back in the high pay life again" by Matt Krantz, Barbara Hansen says Disney's CEO Robert Iger made $37.1 mil last year, American Express CEO Kenneth Chenault made $28 mil, & United Technologies CEO Louis Chenevert made $21.8 mil.. Other Dow CEOs in the top 25 for '12 CEO compensation include Coke, Boeing, AT&T, GE & Pfizer.

Procter & Gamble PGNYSE: No mentions found.

3M MMMNYSE: No mentions found.


Travelers TRVNYSE: No mentions found.

UnitedHealth UNHNYSE: No mentions found.

United Technologies UTXNYSE: USAT p1B "Back in the high pay life again" by Matt Krantz, Barbara Hansen says Disney's CEO Robert Iger made $37.1 mil last year, American Express CEO Kenneth Chenault made $28 mil, & United Technologies CEO Louis Chenevert made $21.8 mil.. Other Dow CEOs in the top 25 for '12 CEO compensation include Coke, Boeing, AT&T, GE & Pfizer.

Verizon VZDualListed: WSJ pB5 "Is Verizon a white knight for the BlackBerry Z10?" by Will Connors says AT&T did not do much advertising for the new Z10. Research in Motion is hoping Verizon will do better when the phone goes on sale today at Verizon Wireless stores.

Walmart WMTNYSE: AJC pA13 "Bribery probe hurts retailer" by AP says Walmart will incur a loss due to ongoing bribery investigations but it won't say how muhc. Last year the US and Mexico probes as well as allegations in Brazil, China & India were above $157 mil.

WSJ pB1 "Chians cut their health law tabs" by Scott Thurm says McDonald's calim that complying with the new health laws for insurance will cost $10,000 to $30,000 per restaurant. Walmart says it will make few changes due to the law saying that can absorb it.

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Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson (Dallas, TX)

Alcoa AA Klaus Kleinfeld (NY, NY)

American Express AXP Kenneth I. Chenault (NY, NY)

Bank of America BAC Brian T. Moynihan (Charlotte, N.C.)

Boeing BA W. James McNerney, Jr. (Chicago, Ill)

Caterpillar CAT Douglas Oberhelman (Peoria, Ill.)

Chevron CVX John Watson (San Ramon, CA)

Cisco CSCO John Chambers (San Jose, CA)

Coca Cola KO Muhtar Kent (Atlanta, GA)

Disney DIS Robert Iger (Burbank, CA)

DuPont DD Ellen Kullman (Wilmington, DE)

ExxonMobil XOM Rex W. Tillerson (Irving, Tx)

GE Jeffrey R. Immelt (Fairfield, CT)

Hewlett-Packard HPQ Meg Whitman (Palo Alto, CA)

Home Depot HD Frank Blake (Atlanta, GA)

Intel INTC Paul S. Otellini (Santa Clara, CA) (has announced retirement in May '13)

IBM Virginia M. Rometty (Armonk, NY)

JPMorgan Chase JPM Jamie Dimon (NY, NY)

Johnson & Johnson JNJ Alex Gorsky (New Brunswick, NJ)

McDonald's MCD Donald Thompson (Oak Brook, Ill)

Merck MRK Kenneth Frazier (Whitehouse Station, N.J.)

Microsoft MSFT Steve Ballmer (Redmond, WA)

Pfizer PFE Ian Read (NY, NY)

Procter & Gamble PG Bob McDonald (Cincinnati, OH)

3M MMM Inge Thulin (St. Paul, MN)

Travelers TRV Jay S. Fishman (NY, NY)

UnitedHealthUNC Stephen Hemsley (Minnetonka, MN)

United Technologies UTX Louis Chenevert (Hartford, CT)

Verizon VZ Lowell McAdam (NY, NY)

Wal-Mart WMT Mike Duke (Bentonville, ARK)

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Here are the Dow Jones Industrial Average 30 as of 3/1/13 ranked in order of market capitalization in billions:

1. Exxon Mobil XOM $402.61
2. GE 242.37
3. WalMart WMT 239.61
4. Microsoft MSFT 234.12
5. IBM 227.26
6. Chevron CVX 227.10
7. Johnson & Johnson JNJ 214.40
8. Procter & Gamble PG 208.94
9. Pfizer PFE 201.66
10. AT&T T 197.75
11. JPMorgan Chase JPM 186.19
12. Coke KO 172.95
13. Verizon VZ 133.57
14. Merck MRK 129.60
15. Bank of America BAC 122.23
16. Cisco CSCO 111.07
17. Intel INTC 104.01
18. Home Depot HD 102.10
19. Disney DIS 99.89
20. McDonald's MCD 96.06
21. United Technologies UTX 82.62
22. 3M MMM 71.60
23. American Express AXP 68.90
24. Caterpillar CAT 59.85
25. Boeing BA 58.44
26. UnitedHealth UNH 54.85
27. DuPont DD 44.93
28. Hewlett-Packard HPQ 39.35
29. Travelers TRV 30.50
30. Alcoa AA 9.03

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Here are the latest 8K, 10Q & 10K & Proxy & certain other SEC filings as of 3/1/13:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

AT&T T: 2/22/13 10K for year ended 12/31/12
2/12/13 8K re: closing of sale of various Notes
2/4/12 8K re: the increased of the Board of Dirs from 12 to 13 & election of Micahel B. McCalister to Bd.
1/25/13 8K re: agreement to buy spectrum from Verizon for $1.9 bil
1/24/13 2 8Ks & 1/17/13 8K re: 4Q results
12/18/12 8K re: issuance of long term Global Notes
12/17/12 8K re: sales of 1 bil in Euros of 3.5% of Global Notes due 2032
12/12/12 8K re: extension of $5 bil revolving credit agreement
12/11/12 8K re: closing of sale of $4bil of Global Notes
12/4/12 8K re: underwriting agreement Global Notes due '20

Alcoa AA: 3/1/12 Proxy re: annual meeting of shareholders on 5/3/13 at Fairmont Hotel, Pittsburgh
2/19/13 & 2/15/13 10K & 10K/A for year ended 12/31/12
1/14/13 8K & 1/9/13 8K re: 4Q results
1/9/13 8K re: William F. Oplinger becoming CFO effective 4/1/13

American Express AXP: 2/22/13 10K for year ended 12/31/12
2/22/13 8K re: election of Anne Lauvergeon & Samuel J. Palmisano (former IBM CEO) as Dirs.
2/15/13 8K re: delinq. & write-off stats for the 3 months ending 1/31/13
2/6/13 8K re: semin-annual presentation to Fin'l Community
1/17/13 8K & 1/10/13 8K re: 4Q results
1/15/13 8K re: delingq. 7 write-of stats 3 mos. ended 12/31/12
12/17/12 8K re: delinq. & write-of stats for 3 months ended 11/30/12
12/12/12 8K re: results of notes exchange offer
11/28/12 8K results of private exchange offer
11/27/12 8K re: terms of privte exchange offer
11/15/12 8K re: write-off credit stats Aug., Sept., Oct
11/13/12 8K re: announcement of private offer


Bank of Am BAC: 2/28/13 10K for year ended 12/31/12
1/31/13 8K re: Robert W. Scully retiring from Bd. of Dirs.
1/23/13 8K re: stocks options to certain directors
1/17/13 & 1/7/13 8K re: 4Q results
11/5/12 8K re: redemption of sub debentures
11/2/12 10Q 3Q ended 9/30

Boeing BA: 2/11/13 10K for year ended 12/31/12
1/30/13 8K re: 4Q results
1/23/13 8K re: suspension of SEC reporting for Boeing Capital Corp. sub.
1/17/13 8K re: FAA grounding of 787s
1/11/13 8K re: review of safety of 787
12/19/12 8K re: award of stock options to execs
12/17/12 8K re: increase of quarterly div. & resumption of share buyback program

Caterpillar CAT: 2/20/13 8K re: Jan. dealer stats.
2/19/13 10K for year ended 12/31/12
1/28/13 8K re: 4Q results
1/25/13 8K re: 3 month dealer stats
1/18/13 8K re: goodwill impairment of Chinese acquisition
12/20/12 8K re: supplemental info re: sales of machines & power systems
12/17/12 8K re: retirement from Bd. of Eugene V. Fife due to mandatory retirement age
11/20/12 8K re: 3 months dealer stats
11/6/12 8K re: executive compensation for Group Pres.
11/6/12 Prospetus for exchange offer of debentures
11/2/12 10Q 3Q eneded 9/30


Chevron CVX: 3/1/13 8K re: resignation of Chuck Hagel as Dir. to become Sec'y of Defense
2/22/13 10K for year ended 12/31/12
2/4/13 8K re: compensation to officers
2/1/13 8K re: 4Q and 2012 full year results (& 1/10/13 8K)
12/5/12 8K re: issuance of $2 bil of notes
11/6/12 10Q Qtr. ended 9/30/12
11/2/12 8K re: 3Q results


Cisco CSCO: 2/19/13 10Q & 2/13/13 8K re: 2 Qtr ended 1/26/13 results
2/1/13 8K re: election of Gregory Q. Brown, CEO of Motorola to Bd. of Dirs.
1/8/13 8K re: contract with Wim Elfrink, EVP
12/21/12 & 12/19/12 8Ks re: execs' pre-arranged stock trading plan
11/20/12 10Q & 11/13/12 8K re: Qtr. ended 10/27
11/16/12 8K re: amdmt to exec. comp. plan

Coke KO: 2/27/13 10K for year ended 12/31/12
2/21/13 8K re: retirment of Donald R. Keough & James B. Williams as Directors
2/20/13 8K re: stock option plan for execs
2/12/13 8K results for year & 4Q ended 12/31/12

Disney DIS: 2/26/13 Proxy re: supplemntal info re: what a great job CEO Robert Iger is doing
2/14/13 8K re: issuance of Global Notes
2/5/13 10Q & 2/5/13 8K re: 1 Qtr ended 12/29/12 results
1/18/13 Proxy re: annual shareholders meeting 3/6/13 in Phoeniz, Arizona
1/11/13 8K re: stock plan for directors
11/29/12 8K re: issuance of $2 bil Global Notes
11/21/12 10K & 11/8/12 8K re: results year ended 9/29

DuPont DD: 2/7/13 8K re: closing of sale of Performance Coating biz to Carlyle Group of $4.9 bil cash
1/28/13 8K re: comp. for CEO Ellen J. Kullman
1/22/13 8K re: 4Q results

ExxonMobil XOM: 2/27/13 Iran Notice
2/27/13 10K for year ended 12/31/12
2/19/13 8K re: replacement reserves for 2012
2/1/13 8K re: 4Q results for year ended 12/31/12
2/1/13 8K re: 4Q estimated results
12/4/12 8K re: grant of bonus to CEO tillerson of $4.5 mil
11/30/12 8K re: retirement of SVP D.D. Humphreys
11/6/12 10Q for Qtr ended 9/30
11/2/12 8K re: elecgtion of CEO of Xerox, Ursula M. Burns to Bd
11/1/12 8K re: 3Q results

GE: 2/28/13 10K for year ended 12/31/12
2/15/13 8K re: increase of number of Directors from 18 to 19 & election of Francisco D. Souza , CEO of Cognizant Technologies, as Director
2/12/13 8K re: sale of GE's 49% interest in NBC Universal to Comcast for $12 bil cash & 4 bil stock
1/18/13 8K re: 4Q results
12/13/12 8K re: revised segment fin'l info for prior 2 qtrs.
11/7/12 10Q for Qtr ended 9/30

Hewlett-Packard HPQ: 2/21/13 2 8Ks re: 1 Qtr ended 1/31/13 results
1/31/13 Proxy re: annual stockholders meeting 3/20/13, Mt. View, CA
12/27/12 10K for year ended 10/31/12
11/20/12 8K re: results year ended 10/31

Home Depot HD: 2/26/13 8K re: results of year & qtr ended 2/3/13
11/21/12 10Q & 11/13/12 8K re: 4Q ended 10/28
11/16/12 8K re: resignation of Ron L. Sargent from BOD

Intel INTC: 2/19/13 10K for year ended 12/29/12
1/18/13 & 1/17/13 8Ks re: 4Q and 2012 results
12/14/12 8K re: issuance of $175 mil of 4.2% due 2042
12/11/12 8K re: issuance of $6 bil of notes
12/6/12 & 12/4/12 8Ks re: issuance of $6 bil of Notes
12/4/12 8K re: adoption of FASB standard
11/19/12 8K re: retirement of Paul S. Otellini at May Annual Mtg. of Shareholders

IBM: 2/28/13 2 8Ks re: investor briefing
2/26/13 10K for year ended 12/31/12
2/7/13 8K re: underwriting of Notes
2/1/13 8K re: exec comp for officers
1/23/13 8K re: 4Q earnings call transcript
1/22/13 8K re: 4Q results
1/4/13 8K re: retirement of Michael E. Daniels, SVP
11/16/12 8K re: sale of 1.375% Notes
11/5/12 8K re: bae salary of $1.5 mil for CEO Virginia Rometty

JPMorganChase JPM: 2/28/13 8K re: Investor Day presentation
2/28/13 Iran Notice
2/28/13 10K for year ended 12/31/12
2/5/13 8K re: issuance of Preferred Shares
1/25/13 8K re: closing of sale of notes
1/16/13 2 8Ks re: 4Q results
1/16/13 8K re: internal report re: trading loss
1/9/13 8K re: leaving of James E. Staley, Chrm. of Corporate & Inv. Banking Unit
12/5/12 8K re: Mark W. O'Donovan is now Controller
12/4/12 8K re: slides from U.S. fin'l services inv. conf.
12/4/12 8K re: reorganization
11/21/12 8K re: Marianne Lake is now CFO, other appointments
11/8/12 10Q for Qtr ended 9/30


Johnson & Johnson JNJ: 2/25/13 8K re: charge to net income due to Venezuelan currency devaluation
2/22/13 10K for year ended 12/31/12
1/22/13 2 8Ks re: 4Q & 2012 results and earnings call
12/3/12 8K re: CEO Alex Gorsky replaces Bill Weldon as Chiar of BOD eff. 12/28
11/9/12 8K re: Eugene Washington is on BOD
11/9/12 10Q for Qtr ended 9/30

McDonald's MCD: 2/25/13 10K for year ended 12/31/12
2/20/13 8K re: comp for officers
2/8/13 8K re: sales decrease of 1.9% in Jan
1/31/13 8K re: quarterly cash dividend
1/23/13 8K re: 4Q & 2012 results
12/13/12 8KA & 12/11/12 re global sales
12/4/12 8K & 11/15/12 8K re: Jeff Stratton succeeds Janice Fields as Pres. of McDonald's USA
11/9/12 8K re: global sales decreased 1.8% in Oct.
11/1/12 10Q & 10/19 8K re: 3Q ended 9/30


Merck MRK: 2/25/13 10K for year ended 12/31/12
2/20/13 8K re: paying $215 mil to settle class action lawsuits related to ENHANCE Study
2/1/13 8K re: 4Q & 2012 results
11/29/12 8K re: Amendment to Control seperation Benefits Plan
11/9/12 10Q re: Qtr ended 9/30

Microsoft MSFT: 1/24/13 10Q & 8K re: quarter ended 12/31/12
11/29/12 8K re: results of annual shareholders mtg.
11/16/12 8K re: resignation of Steven Sinofsky as Pres. of Windows Div.
11/7/12 8K re: issuance of $2.25 bil of notes
11/2/12 8K & 10/18 10Q & 10/18 8K re: 1Q results
10/17 & 10/10 & 10/9 Proxy materials re: 11/28 Annual Meeting of Shareholders at Bellevue, Wash
10/9/12 8K re: retirement of Reed Hastings from Bd & other Bd. changes


Pfizer PFE: 2/28 & 3/1/13 10K & 10K/A for year ended 12/31/12
2/28/13 Iran Notice
1/29/13 8K re: 4Q & 2012 results
11/9/12 10Q re: Qtr ended 9/30
11/1/12 8K re: 3Q results

Procter & Gamble PG: 2/21/13 8K re: presentation at Consumer Analyst Group of NY
2/14/13 8K re: eps outlook due to Venezuelan currency devaluation
1/25/13 10Q & 2 8Ks re: quarter ended 12/31/12
1/8/13 8K re: quarterly dividend of 0.562 cents a share
1/8/13 8K re: election of Terry Lundgren, CEO of Macy's to BoD replacing Jon Rodgers

3M MMM: 3/1/13 8K re: realignment of 3M's business groups and effect on results
2/14/13 10K for year ended 12/31/12
2/6/13 8K re: election of Muhtar Kent, Coke CEO, as Director
1/24/13 8K re: 4Q & 2012 results
12/12/12 8K re: fin'l outlook for 2013 and eps estimate
11/1/12 10Q &

Travelers TRV: 3/1/13 10K/A & 2/19/13 10K for year ended 12/31/12
1/23/13 &1/22/13 8Ks re: 4Q results
12/5/12 8K re: estimate of losses due to Hurricane Sandy

UnitedHealth Group UNH: 2/28/13 8K re: sale of Notes
2/7/13 10K for year ended 12/31/12
1/17/13 8K re: 4Q & 2012 results
12/6/12 & 11/19/12 8Ks re: purchase of over 60% of shares of Amil
11/26/12 8K re: annual inv. conf.
11/2/112 Bd. & officer changes

United Technologies UTX: 2/7/13 10K for year ended 12/31/12
2/7/13 Iran Notice
1/23/13 8K re: 4Q & 2012 results
12/17/12 8K re: completion of sale of ind'l products biz for $3.46 to finance purchase of Goodrich which closed earlier in the year

Verizon Communications Inc. VZ: 2/26/13 10K for year ended 12/31/12
2/7/13 8K re: election of Gregory D. Wasson, Pres & CEO of Walgreen, as Director
1/25/13 8K re: sale of spectrum to AT&T
1/22/13 8K re: 4Q results (& 1/18/13 & 1/7/13 4Q updates)
12/10/12 8K re: purchase of single premium annuity contract
from Prud'l to settle $7.5 bil of pension liabilities
12/8/12 8K re: election of EVP Merchandizing
11/13/12 8K re: Cellco Partnership d/b/a Verizon Wireless disgtri buted $18.5 bil to the two owners, Verizon Communications & Vodaphone
11/8/12 8K re: disclsoure of Wells Fargo Tech, Media & telecom Conf.
11/2/12 8K re: tenderoffer for $1.25 bil of its notes
11/2/12 8K re: Agreements ith CWA & IBEW for new 3 year congtracts covering 43,000 workers


WalMart WMT: 2/21/13 8K re: 4Q results & dividend for FY 2014
12/4/12 10Q & 11/15/12 8K re: results of Qtr ended 10/31
9/6/12 10Q for quarter ended 7/31/12
END END END Investor's Business Daily,

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